Trading Edges That Last
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Lawrence's Comment Recap Unlike Dow, NQ gave a strong performance last week and completed its upside break out target at Y+4 based on monthly. Closed the week near the high. Outlook A ...READ MORELawrence's Comment Recap Spike high followed by strong reaction back down below Y+1. Consolidation play with 50% range as expected. Closed the week above Y-0 and near week low. Outlook Y-0 is still in ...READ MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREFor more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time scheduleREAD MOREIntraday Cycle Projection (EURUSD) 2022-03-14EURUSD Jun 04 to Jun 08 OutlookNasdaq 100 Jan 09 to Jan 13 OutlookIntraday Cycle Projection (EURUSD) 2019-01-08GBPUSD Feb 24 to Feb 28 OutlookHot n Cold (EURUSD) 2014-3-7Precog Vision – Forex 2019-5-9Intraday Cycle Projection (EURUSD) 2011-09-06Precog Vision – Forex 2017-10-24Intraday Cycle Projection (EURUSD) 2013-04-29
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EURUSD Jan 21 to Jan 25 Outlook
Lawrence’s Comment
Consolidation around Y+1 with obvious weaknesses as more of the time was spent below Y+1. Closed the week below Y+1 and midpoint.
Outlook
Potential DT in the making as mentioned last week. If the DT is triggered, dropping down to B-3 is likely.
The messy situation is that euro flushed down just a bit to Y-0 and immediately snap back up above B-0, that will trigger a run to B+2 and likely much higher.
Be ready to deal with wild swings this week.
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